Product Owner - Payments

About the Role: We are seeking a Product Owner to join our dynamic team. The ideal candidate will have a strong background in banking and financial applications, with expertise in ACH, Wire Transfers (Fedwire & SWIFT), RTP, ISO 20022 messaging, and other payment rails. This role requires experience in requirement gathering, process optimization, system testing coordination, and product ownership to support payment operations, compliance, and digital transformation initiatives. Key Responsibilities: Payments System Analysis & Implementation Gather, analyze, and document business requirements for ACH, Fedwire, SWIFT, RTP, and ISO 20022 payment processing. Define use cases and functional specifications for payment-related features. Collaborate with stakeholders (Product Owners, Developers, QA, and Operations) to ensure smooth implementation of payment solutions. Work with ISO 20022 message structures, mapping legacy formats to new standard messages for Fedwire Funds Service and international transactions. Process Optimization & Compliance Identify opportunities for automation and process improvements in ACH, Wire, and Real-Time Payments workflows. Ensure compliance with regulatory standards, including NACHA rules, FinCEN Travel Rule, and Fedwire guidelines. Support fraud detection, risk mitigation, and AML compliance in payment operations. Testing & Defect Management Define test scenarios and perform UAT coordination for payment system enhancements. Work closely with QA teams to validate payment message formats (pacs.008, pacs.004, camt messages, etc.). Monitor and resolve defects related to payment processing. Stakeholder Collaboration & Reporting Act as a liaison between business and technology teams to define and prioritize payment initiatives. Provide detailed reports and dashboards on payment transaction trends, operational efficiency, and compliance risks. Develop and deliver training materials for end-users on new payment functionalities. Required Skills & Qualifications Technical & Domain Expertise 5+ years of experience as a Business Analyst in US payments (ACH, Wires, RTP, SWIFT, ISO 20022). Deep understanding of Fedwire, SWIFT, ACH, and RTP processing. Experience in ISO 20022 payment messages and cross-border payment processing. Proficiency in SWIFT MT and MX message formats. Knowledge of payment system integrations, APIs, and core banking platforms. Business Analysis & Project Management Strong requirement gathering & documentation skills (BRD, FRD, User Stories). Experience in Agile/Scrum methodology and JIRA/Confluence. Hands-on experience in defect management, UAT coordination, and test case validation. Ability to analyze data and create reports using SQL, Excel, and BI tools. Regulatory & Compliance Knowledge Knowledge of NACHA rules, Fedwire requirements, FinCEN Travel Rule, OFAC screening. Understanding of AML, fraud detection, and compliance controls in payment operations. Preferred Qualifications Payment?s certifications (e.g., AAP, CTP, SWIFT Certified Specialist, PMI-PBA). Experience working with banks, fintechs, or payment processors Familiarity with FedNow, Zelle, or other instant payment platforms. Disclaimer : This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.